Time Value of Money 1. You place $5‚000 in a savings account earning 2.50% interest compounded annually. Assuming you do NOT make additional monthly deposits (set that to $0)‚ how much will you have at the end of four years? How much would you have at the end of four years if interest is compounded semiannually? 5‚524.14 are what will be after four years with Simi annual intrust compound. 2. Change the interest rate to a higher rate. How much will you have at the end of four years
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Associate Level Material Student Loans Default will trash your credit rating for years. So forget about borrowing to buy a car or a home. The agency that holds your loan could force your employer to deduct the payments from your paycheck. And‚ in addition to the money you owe‚ you could be liable for any expenses incurred to collect the loan. The U.S. Department of Education can ask the IRS to take that tax refund and apply it to the loan. And if you ever decide to go back to school‚ you can
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FP/101 Final Exam Posted: Sun 04/07/2013 03:09 PM ‚ by: Previous | Next * Reply * View/Print * Remove * Flag Message * Mark as unread FP/101 Final Exam User: 9048400345 First Name: Last Name: Confirmation #: 23336811 Score: 63.33 Total Questions: 30 Total Correct: 19 Start: 4/7/2013 2:41:24 PM End: 4/7/2013 3:11:30 PM Here is some additional information on items missed: Topic: Question: Which of the following is true about credit
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1. What things do you take into consideration when beginning to plan for investments? Why is it important to understand your long term goals before you begin investing? Before you begin to plan for investing you should first have an actual plan that is realistic‚ and specific. Your plan needs to have availability for emergency purposes. Its good to ask yourself questions about your budget‚ emergency fund‚ and how will it benefit you and your goals in your future. When you plan for investing‚ you
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expresses their empathy and proceeds without you‚ completing and submitting the project with your name included. Write five questions to help you think through the situation and determine a course of action. Question 1: Can I set aside two days a week to work on each assignment? * Question 2: Can I handle two big assignments this close together? * Question 3: Do I understand the consequences of not keeping a schedule of deadlines? * Question 4: Can I turn what I have for the group
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Student Loan Summary Christine Downey FP/101 August 15‚ 2010 Griselle Forte What are some future consequences of borrowing too much debt? Some of the most telling future consequences of borrowing too much debt would be evictions‚ foreclosures‚ declaring personal bankruptcies‚ wage garnishments‚ divorces‚ emotional break downs‚ higher than normal interest rates on loans‚ rejection of application for loans‚ ruined credibility‚ savings and retirement plans wiped out‚ and an undesirable credit
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ITC 101 Chapter 5 1. Standalone computers increase employee productivity as much as computer networks. () 2. Computers can exchange data over networks of clearly delineated size. () 3. The major problem of discovery is the huge amount of information available. ( ) 4. Metasearch engines search several engines at once and integrate the findings of the various search engines. ( ) 5. Commercial portals are intended for broad audiences and offer fairly routine content. ( ) 6.
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is (1) 959 boxes or less? (2) More than 1‚004 boxes? (3) Less than 650 boxes or greater than 950 boxes? b. The store orders cereal from a distributor weekly. How many boxes should the store order for a week to have only a 2.5 percent chance of running short of this brand of cereal durin" the week? 5.35 Recall from Exercise 5.32 that yearly returns on common stocks are normally distributed with a mean of 12.4 percent and a standard deviation of 20.6 percent. a. What percentage of yearly returns are
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Shinqualla Hagood FP/101 Week 3 Quiz Directions: Please consult the course materials and highlight the correct answer to each question in Microsoft Word‚ save your work to your My Documents folder and then upload it to be graded. Please ensure that your work saved properly and is what you want to have graded. If you are not 100% certain about the correct answer to the question please feel free to defend your response by typing up an explanation next to your response citing the course materials
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Jaylin French Week 1 Assignment for FP/101: Personal Financial Planning Worksheet 1. The process of creating a detailed plan to meet your financial needs and prepare for the future is called: b. Personal financial planning. 2. Which of the following is not one of the five major steps of the financial planning process? c. Collect and organize your financial information. 3. Which phase in life is commonly associated with focus on marriage‚ family‚ purchasing a home‚ and career development
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